Motel & Entertainment Complex Freehold, Oamaru
Motel
ActiveHospitality & TourismOtagoB2C
Asking price
$6,050,000
Disclosed · NZD
Revenue
—
EBITDA
—
Implied multiple
n/a
Price includes the property
Brief
- Substantial freehold opportunity in Oamaru including a 30-unit motel and an entertainment and restaurant complex (B2C).
- Situated on busy State Highway 1 just north of the town centre, with both businesses long-established in Oamaru.
- Close to Centennial Park sports grounds, the racecourse and secondary schools, with established demand.
- Local stadium development underway, creating further accommodation demand; land, buildings and business $6,050,000.
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